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clinton. how much do you think fiscal cliff was coming up during their golf rounds? >> i'm sure they talked about it because president clinton is a political wonk. what bill clinton showed during his presidency is that there's a way to show common ground with republicans who hate you. they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive to do that. >> big news. stand by. my thanks. in need to pass along this breaking news from across the pond. we're just learning that prince william and kate middleton are expecting. this is news from clarence house. they will be having their first baby. nbc news is working further to confirm this but the rest
cuts to go back to the clinton era rates for the wealthiest americans. maybe that means finding a really creative tax reform that eliminates deductions almost entirely for the wealthy. these are possible see teas. it's hard for me to imagine that either side is really hoping to go over the cliff at this point because they both know what it means for the economy and they are both worried about making that responsibility. at this point it doesn't make any sense to suggest that you're the one who is going to blink because that's going to put you sort of in the underposition of the negotiations. >> let me switch subjects completely because this is sort of the provocative headline. new york city mayor bloomberg called hillary clinton and said you should be my successor as mayor. how do you think that conversation went? i think being a mayor of new york city gives you an opportunity to imagine things that are possible but not in real life. i can imagine how hillary clinton would be enticed to take on that smaller stage after her staging as the nation and the world for the last decade.
if congress refuses to ask. we go over the fiscal cliff rates reset under bill clinton and you're negotiating a tax cut not a tax increase. other thing the way weight of public opinion since that level has moved strongly against republicans. look who the public says they're going to blame if we go over the cliff, it's republicans because they see them as having forced the issue last time around, been willing to do this this time around. one reason boehner is grumbly and nervous because he doesn't have any leverage. >> i want to point this out. this is interesting in terms of the smoke and mirrors how this will play out for the republicans. in the "wall street journal" they write obama's flexible on highest tax rates. white house's flexibility, described by bowls, confirmed by the administration officials, could envision tax rates -- tax rate increase from the current level but was less than clinton era levels. if the republicans can say, we cut taxes from where they were under clinton it gives them cover though rates may go up. a weird, if there is an act of kabuki theater that would be it, r
this because you remember, we went through this with newt. you know, bill clinton would push newt only so far, and then the conservatives in the caucus like myself and matt salmon, steve largent and others would say we're not doing a deal. we will take this place down. we're not doing a deal. and then newt would call bill clinton up and say, you're pushing me too far. you've got to work with me here. the same thing's happening right now with boehner. >> with boehner. >> the republican -- and when you start stripping people of committee -- committee seats, war breaks out and it gets really -- it happened with us. it's about to happen here. he's got to realize that boehner is his partner. >> it feels like we're at a really critical moment here with respect to boehner. and he can choose one of two paths. he could choose the recalcitrant path, which is perfectly possible, or he can say to himself, okay, i need to build a coalition for the purposes of this fiscal cliff deal. that includes house democrats. and how do i go about doing that without totally alienating the base of my party? and i'm ver
forecast. sue hall will check traffic and mass transit. >>> wooing hillary clinton. the high ranking politician that wants the secretary of state to replace him in office. it is not the president. ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >>> welcome back. getting ready for wet weather in the north bay. over the last three hours train of light echoes blue and green it means sprinkles to light rain along the sonoma county coast towards cloverdale now. mainly cloudy and mild 49 los gatos and concord the rest of us in the low to mid 50s. as we head into the afternoon hours starting off mild compared to yesterday, we'll end up with temperatur
syria. hillary clinton had a statement out yesterday. she's in the czech republic, and she said this. i'm not going to telegraph in any specifics what we would do in the event there's credible evidence that the assad regime has resorted to using chemical weapons against their own people, but suffice it to say we are certainly planning to take action if that eventuality were to occur. first of all, what do you think that means, specifically? and, and what should it mean? >> i think it means that it's a red line for americans and the world. if that were to happen then i would expect some form of very tough military response. >> which would be what? >> i think it would be unlikely to speculate and specify right now and that's why she's being cautious in what she said. but up to now, what the west has been doing is giving some political support to the syrian opposition, obviously trying to resolve the situation as far as is possible. it's not been possible so far. >> and every day 100 people die or more. >> there are a lot of people dying. now the death toll probably would be around 40,000
be -- if you raise the rates up to the clinton levels for the top two percent you make 82 billion a year. that is not enough to close the gap . washington post on the editorial page. we looked at what the president suggested and republicans suggested it is nice that they are starting to talk. but the numbers have to be a lot bigger . you need real tax reform. >> gretchen: he won the election with that argument. >> steve: republicans won the congress with their argument that they didn't want to raise the rates. >> brian: if you want to know what the president things. you can go flip channels and find out about the briefing and the president's stance on taxes and goal with the economy and maybe what he will say in the inauguration. look who was invited to the white house >> chris: who was left to run msnbc. >> happy and ed and arihanna huffington. i don't know if the white house released the fact. but someone from the blog sites saw it. and so wait a minute what is going on. yeah, we were invited for not a strategy but just to explain. >> gretchen: i don't know why anybody. >> brian: five
considering nominating susan rice to replace hillary clinton as secretary of state and already the republicans are on the offensive. they need to come out strong, because they're in the senate minority next term 55-45. the dems need 60 vote to overcome republican fill buster, so they need five republicans to join them if they want to confirm rice. republicans stall worth john mccain and lindsey mccain have come out strongly against her citing the benghazi attacks and her remarks. today, moderate republican susan collins indicated that she might feel similarly. collins and republican senator bob corker had a 75 minute meeting with rice and afterward they still don't sound convinced. >> i still have many questions that remain unanswered. >> there's a handful of people that the president surrounds himself with that all of us hold to a very different level, and the secretary of state no doubt is one of those. we want someone of independence. >> well, president obama and secretary clinton both rushed to her defense. >> i couldn't be prouder of the job she has done. >> susan rice has done a great jo
hillary clinton who is somewhat responsible for the libyan mess. bill clinton is on the list. i would vote for jay-z over the president. no to bill clinton sea brilliant man. why would he be person of the year? for what. you can see we are living in a very shallow time in america. pardon the pun. truth is, we have very few dynamic leaders in this country where is abe lincoln when we need him. like 1860 america is a divided nation there is a culture war raging. we need a person to bring us together to solve complicated problems and stop all the nonsense. lincoln could have done it. republic-- strike that gist and kirsten powers the democrat and fox news analyst. who is your person of the year? >> while using "time" magazine's criteria which doesn't mean it's necessarily a person you think is good or bad or but someone who we spent a lot of time talking about who has a real impact this year i think would be mohammed morsi who is on their list of people to choose from the first democratically elected president of egypt that, i think it was very important moment in the middle east it was an al
of secretary of state hillary clinton. wait till you hear the reason why. plus, are you willing to get really, really rich? the $500 million powerball is minutes away. and you could be the winner. stay tuned. >> greta: new fireworks in a hollywood custody fight turned custody brawl. actress halle berry's battle with her ex over their 4-year-old heating up and turning violent. berry's ex-boyfriend and her fiance getting into a brutal, ugly fistfight on thanksgiving day. the pictures prove just how brutal it got. now berry's ex could face criminal charges. ken baker is live in l.a. with the latest. ken, what in the world happened on thanksgiving day? >> well, we're used to ugly custody battles in hollywood. it happens all the time. but this really did take a violent turn. it was on thanksgiving morning when halle berry's ex, her ex-boyfriend, gabriel aubrey, the father of their 4-year-old daughter nayla, had to return their daughter back to halle berry in the wh hollywood hillsr the holiday. when he was doing the handoff to a housekeeper in the driveway, allegedly what happened with halle's cur
shows instead of secretary of state hillary clinton. wait till you hear the reason why. plus, are you willing to get really, really rich? the $500 million powerball is the $500 million powerball is it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> greta: new fireworks in a hollywood custody fight turned custody brawl. actress halle berry's battle with her ex over their 4-year-old heating up and turning violent. berry's ex-boyfriend and her fiance getting into a brutal, ugly fistfight on thanksgiving day. the pictures prove just how brutal it got. now berry's ex could face criminal charges. ken baker is live in l.a. with the latest. ken, what in the world happened on thanksgiving day? >> well, we're used to ugly custody battles in hollywood. it happens all the time. but this really did take a violent turn. it was on thanksgiving morning when
sure get back to that clinton -- it's unbelievable. >> the fiscal cliff is the big topic today. next year we'll be talking about the entitlement cliff. that's the big problem. >> thanks for coming in. >> if you have any comments or questions about anything we've been talking about here this morning on squawk, e-mail us a at squawk at cnbc.com. when we come back, why net jets is ordering hundreds of new planes. [ male announcer ] introducing the new dell xps 12. part of a whole new line of tablets from dell. it's changing the conversation. ♪ inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. take advantage of exceptional values on the audi a8 during the season of audi event. ♪ >>> coming up, the booming business of private planes to the tune of $17 million. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from natio
, that's something that will -- >> howard goes on and on. clinton tax rates on everybody. will it cause a problem? yeah, short recession, but we get defense cuts which republicans would never agree to otherwise, there are human service cut which is we won't like, but the least possible damage. and it's a serious down payment on the deficit. the wall street people ringing their hands are really full of it. i'm not sure what. but full of something because they're going to see a big drop on wall street but it will come roaring back because somebody has done something. so you have him and all their friends and the right and all their friends and the president who i don't think if he can ever get out of campaign mode. it's a full on campaign again. putting one party into -- >> you're right, the amt will hit more people in the middle class and raise their effective tax rate to a higher rate than they were today. and you won't -- >> you have obamacare 4% on everyone, too. >> if you lieu numerically, it doesn't make sense if one side says we're not going to race taxes on the middle class -- >>
'm going to run against you, you got to be tougher. >> you know, i would go back to the clinton tax rates in a heart beat, but they'd have to give me the spinning rates as well e. they're not doing that and no one's ever put that on the table. what we've got in washington are republicans and democrats both trying to pivot to be the more reasonable party in front of the american people. the republicans are going to get blamed no matter what they do. that's political environment. they might as well embrace the fiscal cliff. >> you heard peter difazio saying earlier in the program, democrat, go off the cliff, there is no cliff. no problem. >> folks on both sides. look, there's not a clip there and they're going to play chicken and go off. >> and then you're road kill at the bottom. >> that's exactly right. most folks are saying since the economy's improving, congress, don't screw it up and you get some folks on the far left and far right, there's no cliff, don't worry about this. we're after the election, this isn't an id lodgical debating society. this is about getting something done. let's
for achieving an independent palestinian state through peace talks. u.s. secretary of state hillary clinton said the vote was unfortunate and counterproductive. >> a landmark day in and often turbulent history. jubilant palestinians to i heard there president demand what he said was their basic right to self-determination. >> the moment has arrived for the world to see clearly. enough with the settlements and occupation we are here now. >> after days of diplomacy, the majority backed palestine's bid to be recognized as a nation, but without full membership. many in a yasser arafat a square felt this was a symbolic than significant day, were the of celebration. a little -- the political activists are happy, but know that the struggle continues. >> we learned not to get our hopes up, not to get high expectations. we will wait. but we feel that we are heading in the right direction. >> israeli control over the occupied territories will not end as a result of the u.n. vote. the palestinians say it will enhance the prospects of the two states living side by side. >> this enhanced status will not chan
administration. secretary clinton is leaving, and there are hopes that may be things will pick up again with her successor. >> thanks for the update. >> now for the view from jerusalem, let's cross over to our correspondent who is standing by for us there. the israeli prime minister has condemned the palestinian move. can you tell us more about how israel views this? >> i think israel is concerned that through this upgrade, palestinians could challenge israel legally and diplomatically now. in past weeks, we have heard the israeli government saying that this is a unilateral move that violates the oslo court, that the house indians are aiming to join the international criminal court, and it preempts the united nations. i think for israel right now, the concern is on the diplomatic outcome as well, how countries will be voting, and the high level of support that palestinians would get from the international community. >> what about on the ground and the occupation? how will this change life for the palestinians? >> have asked many palestinians what they expect, and most said they are aware of the
hillary clinton warned that was a red line. a short while ago, president obama issued this warning from washington. today, i want to make it absolutely clear to assad andd those -- and those under his command, the world is watching. the use of chemical weapons is an would be totally -- is and would be totally acceptable. if you make them tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> i discussed his strong words to syria's leaders with the bbc 's state department correspondent. while u.s. officials talking about serious chemical weapons -- wh yare -- why are u.s. officials talking about syria's chemical weapons now? >> officials have been quoted as saying they have seen activity, that these weapons are being moved around, possibly in preparation for their use. it is very difficult to read the assad government and find out exactly what they are doing. are they trying to protect them? are they trying to bluff? we have heard from certain officials saying they have no intention of using chemical weapons against their own people. of cou
's the dignity of work and rewarding it and the fairness that the tax code that this is taking us to the clinton tax rates. others can speak to what it was under reagan and the rest of that. but the clinton tax rates which enabled the private sector to create more than 28 million jobs, enabled a great economic success to thrive in our country. so i think it comes down to the question that was mentioned, we say to the speaker of the house, the senate has passed a bill to extend the middle income tax cuts, the democrats stand ready to support it, the president stand ready to sign it. why? why are you holding this up? >> thank you. [indiscernible] >> friday on washington journal congressional his torn norman ordinary reason steen explains the changes that senate leader harry reid is pursuing. and stephen sloan will talk about the fiscal cliff. washington journal is live starting at 7:00 eastern on c-span. >> president obama travels to pennsylvania friday to talk about his plan to avoid the so-called fiscal cliff. we'll be live from the manufacturing company at noon eastern an c-span2 3. >> worked h
. you talked about presidents from obama to george w. bush, bill clinton, all objecting to settlement on that spot and getting his assurances from israel that it wouldn't be built on, so why now? tough talking? election coming up? what happened in the u.n.? what's the feeling there? >> well, certainly the israelis have made no secret of the fact that this is a direct punitive measure for what happened at the u.n. last thursday where, of course, the palestinians managed get an upgraded status there in the u.n. general assembly going to nonmember observer state. of course, the word state there is the operative one for the palestinians. the palestinians now say they do, in fact, have a state which is a taertory that is defined as the west bank, gaza, and east jerusalem. so, therefore, the palestinians are saying that this obviously would make the implementation of this state all but impossible because they say it would be impossible for them to even reach their capital that they want to have, which is, of course, east jerusalem. this is certainly a measure that's cause aing lot of intern
and a failure of leadership and america deserves better. >> it's true when bill clinton left office in 2000 we had you are plus and the deficit would have been eliminated as we sit here today what changed that was the republican president and congress. what put us on the path we are on now is not democrats. we would have no collective debt at all if we had left in place the clinton budgetary strategy. megyn: what do you make of that quote. >> what i'm responding to is i think what we are dealing with is a tell poar a temporal thing. it would drive the markets down and create say could and uncertainty. the president is saying we can't go through that again. megyn: he's wanting not only to raise it but to have uniform authority to raise. a fewer years ago they were saying that was a failure of leadership. >> he may not get it but he's right to argue that way the republicans have been doing this has been irresponsible. let's get this done in the way our democracy has worked the for hundreds of years. not this new extraordinary thing. i think he's right to put pressure on the republicans. megyn: i
rules. with all due respect to my friend, president clinton, and newt gingrich, who have been running around in recent years, patting themselves on the back, i truly believe the surpluses of the 1990's were generated by the agreement that came out of what tom foley and george mitchell and bob dole and george herbert walker bush did with the budget enforcement act, which required those budgets to make sure they did not spend more than they took in. i think the surpluses of the 90 or the best legacy of the budget agreement. i will stop there. >> thank you. let's turn to my old boss, the former chairman of this particular committee. a little factoid, he will remain in history as the longest-serving chairman of this committee because of term limitations placed after his departure. senator. >> thank you. thank you for your interesting remarks. it is interesting to see how things are similar and how things are so different. i want to say to all of you, my voice is not as good as it used to be. they tell me i still have hopes of it coming back. my recollection is not as good as it used to be
the holocaust museum, the commission that lead to that, worked on the soviet -- during the clinton administration, i was ambassador to the european union, and i did as undersecretary all the holocaust negotiations. i negotiated $8 billion of compensation from the swiss, german, austrians for slave labor, insurance, patrol, restitution and the like, and here i'm really trying to look at this from a perspective of someone who has been a senior government official but also a leader in the jewish community. that's why the book has been endorsed by president clinton and harris. >> stewart, the future of the jews. how global forces are impacting the jewish people, israel, and the relationship with the united states. it's booktv on c-span2. >>> with about a month left in 2012, many publications are putting out the year end list of notable lists. booktv will feature many of the lists. focus on the non-fiction. these were including in "the washington post best book of 2012. this year's national book award winner for non-fiction "behind the beautiful forevers." katherine boo profiles. the la
we could do is go over the fiscal cliff. we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i
year, the two state solution could become impossible to achieve. yesterday said to secretary clinton is such an effort led by the u.s. would need to be boring than anything seen since the oslo peace accords and should be backed by a more active role for european nations as well. given the overriding need of both israelis and palestinians to return to negotiations as soon as possible, we have palestinian president mahmoud abbas not to move for the time being. it is better to give u.s. administration the opportunity to set out a new initiative. we pointed out a u.n. resolution to be taken by some as they move away from bilateral negotiations with israel and were also concerned about the considerable financial risk of the palestinian authority at a time when the situation is already precarious essay about lead to a strong backlash within the u.s. political system could nevertheless, president abbas will press ahead, a decision we must respect. no one should be in any doubt he's a courageous courageous man of peace. our central objective remains that of ensuring a rapid return to credibl
to president clinton. alan simpson followed his father's footsteps into politics -- a u.s. senator. a law degree from the university of wyoming -- he was elected to the legislature in 1964 and the u.s. senate in 1978 where he served three terms and was elected as majority leader. leaving the senate, he has been director of the institute of politics at harvard and has practiced law. he is the author of the book "right in the old gazoo -- a lifetime of scrapping with the press." the breakfast is being underwritten by areva, a growing player in renewable energy and nuclear energy. we thank them for their support. as always, we are on the record here. please no live blogging or other means of filing -- to give you some time to think. there is no embargo, but c-span has agreed not to air the video of the breakfast until noon today to give those of you who actually paid to attend the breakfast time to file. finally, if you'd like to ask a question please do the traditional thing and send me a subtle, nonthreatening signal. with that, thanks again from our supporters and viewers. >> he always go
presidential leadership to accomplish what clinton accomplish this had his second term. when that doesn't happen, they're not going blame 200 house members, they'll blame the person in charge. anyway, comments, questions about anything you see here on squawk. triangulate is a beautiful word if used properly. squawk@cnbc.com. rise before. i'm begging you. prove me wrong. coming up, we know diamonds are a girl's best friend, but are they good investments, too? [ male announcer ] what can you experience in a seat? inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. take advantage of exceptional values on the audi a8 during the season of audi event. ♪ >>> coming up, you have heard of gold reserves, but why are the big investment banks loading up on diamonds some the held of graph holdings tells us right after this. [ male announcer ] this december, remember -- you can stay in and share something... or y
to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the automaker is prepared for any outcome. cnbc has learned the completion of the so-called volcker rule is being delayed until the end of the first quarter of next year instead of the end of this year. the rule which is named for paul volcker bans banks from proprietary trading. but it's proven difficult for u.s. r
with john mccain in 2008. bush and clinton in '92. bush and dukakis in '88. carter and reagan in 198. oddly enough, though, bob there was one loser we couldn't find. turns out mondale, '84, lost to reagan. no pictures. what happened? >> bob: we didn't like to menu dand sided not to go. we expected an invitation and never got one. we did. >> eric: c'mon. >> eric: never got an invitation. i went through every president in 1980 -- >> bob: you think we snuck in the backdoor? we would have gone and got a picture. >> eric: i saw reagan and carter. >> bob: what do you think happen? >> brian: i hear they should have got together but reagan never liked carter. >> bob: never. >> brian: that stayed true. cart and ford got to be good friends but not until reagan was in office. >> eric: what do you think? would you love to be a fly on the wall? >> dana: they invited him to the office to have a lunch there. afterwards i was nosey, what was it like? what did you talk about? he said everybody asked about, talked about what it was like to raise children in the public eye. president obama was most concerned
watch the campaign the democrats argue that the clintoner rar was economic paradise. so, they balance the budget. they create 20 million new jobs. so why not return to the cliff, tax rates across the board? but i just want to make one point about what the leverage is here. i think the democrats imagine that republicans are going to cave without anything on spending. they are overreaching their hand. the president understands that if he goes over the cliff, you poisen the second term. that is really ithink a threat to everything he wants to do. >> bret: one more thing. are the middle class tax cuts permanent then? or do they get some -- >> i think they are permanent. more than the bush years. this is a huge victory for republicans. they get 98% of the bush cuts signed by a democratic president. the cuts were not made permanent when george bush was re-elected. republicans control congress. this is better tax policy from a democratic president and half democrat controlled congress. than republicans were able to get put in law in 2005. do they give away something? yes. do they have to giv
to take action if that eventualty were to occur. melissa: secretary of state hillary clinton responding to reports syria's regime is moving its stockpiles of chemical weapons and there is new word that syria is combining chemicals to make deadly sarin gas. would its use be enough to push unraveling middle east over the edge? for insight we turn tt brigitte gabriel, terrorism expert and president of act for america. welcome to the show. >> thank you, melissa. melissa: this is certainly frightening news and frightening reports. from what you've seen do you think this is what syria is doing? >> syria is moving chemical weapons in a way they have not done before. they usually move these things around but the activities of the last 48 hours show they are up to something and the concern here is that bashar assad says if he goes down he will take the whole middle east down with him and i believe his last resort will be using chemical weapons in, if in fact he is losing. the rebels in the last 48 hours gained really good ground against the assad regime and there were reports that came out of sy
to secretary clinton that such an effort led by the u.s. would need to be more intense than anything seen since the oslo peace accords and it should be backed by a more active role for european nations as well. give in the overriding need for both israelis and palestinians to return to to negotiations as soon as possible, we as palestinian president mahmoud of boston not move the resolution of the u.n. general assembly for the time being. our view was that it would be better to give you is that epogen due to set out a new initiative. he pointed out a u.n. resolution would be depicted by some as a move away from bilateral negotiations with israel and we are also concerned about the considerable financial risks to the palestinian authority at a time when their situation is art of precarious if they vote led to a strong backlash in the u.s. political system. nevertheless present abbas has decided to press ahead, decision we must respect. no one should be any doubt that he is a courageous man of peace. are central objective remains that of ensuring a rapid return to credible negotiations in order t
>>> good morning. breaking news, secretary of state hillary clinton in high-level talks right now about the crisis in syria as nbc news learns the syrian military is awaiting final orders to use chemical weapons on its own people. what can the u.s. government do to avoid a catastrophe? >>> dire warning. 26 days left until the deadline and a top official says the president is willing to go off the fiscal cliff if necessary. and some republicans signal they may be ready to give in on a key sticking point. >>> and heading home, a smiling duchess of cambridge and prince william leave the hospital this morning, four days after she checked in with extreme morning sickness. we're live in london today, thursday, december 6th, 2012. >> announcer: from nbc news, this is "today" with matt lauer and savannah gurthrie live from studio 1a in rockefeller plaza. >>> and good morning, welcome to "today" on a thursday morning, i'm savannah gurthrie. >> and i'm matt lauer. nice images to see out of london over the past couple of days. we've been watching duchess of cambridge. she seemed a little sha
a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell. some had suspected them to solicit a bid to buy itself out. it has a drug that's a fish oil drug that's prescription. they say they're hiring a sales staff and they still expect to present more details to the fda in february 2013. some disappointment, clearly, there. maria. >> thanks so much, bertha. we'll keep watching that. >>> up next, the stock market and america. steve liesman up next with surprising new results from the exclusive cnbc survey. >>> and then as the lawsuits fly over hewlett-packard's autonomy mess, i'll talk with the ceo of deloitte and their role in looking over the books. ally bank. why they have a raise your rate cd
syria as a priority in its foreign policiy. we see the clinton administration in the 1990's, put an end for that. looking to the obama administration, what can the next secretary of state do to help the syrian people and such a critical time. >> thank you everybody for being here. i hope to see you next friday for our conference on jordan. thank you. [applause] >> tonight we will look at the white house and congress and how they are addressing the fiscal cliff. first president obama speaks in pennsylvania followed by house speaker john banner responding from capitol hill. then eric cantor response to the white house deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. tomorrow on ", washington "" robert -- "washington journal," robert van order on the mortgage loan forgiveness. adult'eman on being an with autism. plus, your emails, phone calls, and tweets. >> c-span, created by cable companies and venture 1979, brought to you as a public service by >> president obama talked about the so-called fiscal cliff and his proposal to end the bus
and patience. last week secretary clinton c s successfully negotiated the cease fire but wasn't able to persuade palestinian president mahmoud abbas to drop this bid. >> margaret, are there consequences for the united states and iz role for this vote? >> reporter: potentially. the concern is that congress could cut off funds to the palestinian authority. the u.s. gave about $495 million in aid last year, which helped keep that peaceful government in power. the state department says that money needs to continue. benjamin netanyahu faces re-election in january says this vote is meaningless. threatening to withhold tax funds. he says he is willing to begin peace negotiations. >> egypt's parliament, dominated by conservative muslims approved a new constitution early this morning. the assembly's more moderate members are crying foul. it is sparking another day of protests against president mohamed morsi. morsi's supporters plan to stage a massive demonstration tomorrow. holly williams is in cairo and has been watching this whole crisis unfold. >> reporter: a week after president mohamed m
these generalities. they'll close loopholes. it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what eamon said is absolutely right. this comes down to one thing, whether republicans are willing to raise marginal income tax rates on americans. they're saying they're willing to raise revenue, but president obama has one criteria in this debate and that's raising income rates on all americans. right now, the sides are in their two corners on this and nobody is moving. so we're really only a couple weeks out and there's this huge gap, and eamon was right in another aspect. there is this brush fire of conservative lawmakers who don't want to raise revenue at all. so this is a huge p
that and now it's not-- >> no, no, no, i do not believe that raising the marginal tax rates to the clinton rates for the wealthiest among us-- >> i knew you were going to say that, you're comparing a totally different economy. what we have now is 8% unemployment. very sluggish growth and a trillion dollar deficit every year. you propose to raise taxes in that environment and you're not going to get growth. >> don't you understand you need to off set-- if you're serious about debt reduction, i think you are, don't you understand you need revenue and spending cuts. stuart: and how do you get revenues. >> how. >> please, go ahead, go ahead. stuart: it's easy you lower tax rates and keep incentive to work harder. >> we've tried that. stuart: and you can't-- what. >> george bush tried that. look at the deficit we had. stuart: well, wait a minute you cannot rewrite economic history. after george bush lowered tax rates the return to the treasury, the money coming into the treasury went way up and the deficit, by the way, in 2007 was 167 billion dollars. >> so. stuart: president obama has got, 167
to clinton rates for top earners. that is nearly 40% on amounts of more than $250,000 a year. republicans have put $800 billion of unspecified tax revenue on the table but they're saying no to a tax rate increase. democrats have said no to that proposal.% in response to that a spokesman for house speaker john boehner saying despite republicans offer to put real revenue on the table the president has offered no concessions whatsoever. when will this willingness to compromise materialize??3 now republicans and democrats say there are no major meetings planned, no summit for democrats and republicans yet to get together and talk on this. the white house says they imagine that there is some e-mail traffic going back and forth but they refuse to tell us when and where they plan on negotiating this. back to you. ashley: i bet the language in the e-mail is pretty interesting too. >> right. ashley: rich edson, thanks so much. tracy: well more companies are accelerating their dividend payments. so we heard from campbell's soup and coach. some of the latest getting cash to shareholders ahead of fis
executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and he likes working there, and that he wants a higher position, and, you know -- >> down in wall street or washington? >> washington. washington's south; right? >> of here. >> wall street's south of here too. >> but down, down there. the meetings are about keeping people, i think, in line. we should point out that larry fink is on the treasury secretary short list. you know, i think this is jack lew's to lose, so to speak. that's what people say on wall street. if he's well in the budget negotiations, meaning, you know, basically, jamming most of the president's proposals down the republicans' throat, looks like he gets the job. that's where we are now. it's inter
is what has to happen, all right? the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> yo
in their impact. i know you do, mr. speaker, leon panetta, former chief of staff to president bill clinton, former chairman of the democratic-led budget committee here in the u.s. house of representatives, current secretary of defense calls these defense cuts devastating. this u.s. house has passed a proposal to prevent that second round of cuts from taking place. it's the only proposal anywhere in this town to have passed. we did in august. we took care of our business and we have yet to have partnership from either the white house or the senate. on that proposal. we took the sequester replacement reconciliation act in may. we took care of the job prevention recession act in august, mr. speaker. we took care of the national security and job protection act in september, mr. speaker. the work of this house has been done. month after month after month. we passed two budgets in a row, mr. speaker, that take on the tough challenges of entitlement reform, that take on the tough challenges of increasing revenue, that take on the challenges that no congress in my lifetime has ever taken on, mr. speaker.
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